Transfer Real Estate to a Charitable Trust and Realize
Tax Savings and Lifetime Income

Use this checklist to see if transferring real estate to a charitable trust is a good option for you. Would you like to:

  • Sell your property and avoid capital gains tax?
  • Be eligible for an immediate income tax deduction?
  • Receive lifetime income for yourself and/or other beneficiaries?
  • Step down from the role of landlord?
  • Avoid the need for a 1031 exchange?
  • Convert a non-income-producing second home into a lifetime stream of income?
  • Make a difference in the lives of people with cancer, diabetes and other serious illnesses?
If you answered “yes” to any of these questions, transferring your property to a charitable trust may be your answer.

Use the form on this page to request a complimentary example of your benefits. City of Hope’s Planned Giving Department is expert in facilitating the process for you.

One Couple’s Story

Roberta (“Birdie”) and Bob Feldman were looking for ways to simplify their lives and spend less time tending to the investments they’ve made over the years. They decided to demonstrate their support for City of Hope by donating a multifamily building to fund a charitable trust:

“Even though we have a management company, being a landlord is very demanding,” says Birdie. “We want to be able to go on vacation without having to worry about the property … and spend more time on our boat.” The couple share a love for travel and boating and is never happier than when they are at sea.

The Feldmans created a City of Hope charitable trust, which enabled them to sell the property and avoid incurring capital gains taxes on the transfer. They receive an annual payout, which will continue for both their lifetimes, after which the remainder will become a gift to City of Hope.

Example income and tax deduction from donated real estate:

table of Example income and Tax Deduction from Donated Real Estate *Blended Federal/California Long-Term Capital Gains Tax Rate of 33.93%. Assumes cost basis of $750,000. **Assuming a 5.5% market investment return. ***Based on a donor age 75. The unused portion of this deduction can be carried forward for an additional five years.

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